VANCOUVER, BC / September 26, 2022 / Tier One Silver Inc. (TSXV:TSLV)(OTCQB:TSLVF) ("Tier One" or the "Company") is pleased to report channel sampling results from the Curibaya project in southern Peru. The channel sampling program was conducted primarily within the Cambaya structural corridors, within the northeast area of the project, which is highest in elevation, focused on defining prospective structures for silver mineralization (Figure 1). Highlights from this program include 4.5 metres (m) of 408.2 g/t silver (Ag) and 1.48 g/t gold (Au), including 1 m of 1,768.0 g/t Ag and 6.33 g/t Au, in 22CRT-080, 8 m of 349.1 g/t Ag and 0.46 g/t Au, including 1 m of 2,680.0 g/t Ag and 3.14 g/t Au, in 21CRT-56 and 2.5 m of 136.4 g/t Ag and 0.82 g/t Au, including 0.5 m of 568.0 g/t Ag and 3.37 g/t Au, in 22CRT-101 (Figure 1). Importantly, arsenic values were generally highly elevated across the Cambaya target area, indicating to the technical team that the target is at the top of the epithermal system, with the precious metals window being preserved at shallow depths. Highlights from the channel sampling program are outlined below in Table 1.

VANCOUVER, BC / September 8, 2022 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce the results of the Feasibility Study ("FS") for the Eskay Creek gold-silver project ("Eskay Creek" or the "Project") located in the Golden Triangle of British Columbia.

 

Eskay Creek 2022 FS Highlights:

 

After-tax net present value ("NPV") (5%) of C$1.41 billion at a base case of US$1,700 gold and US$19 silver

Robust economics with an after-tax internal rate of return ("IRR") of 50.2% and an industry leading after-tax payback on pre-production capital expenditures of 1 year

High-grade open-pit averaging 3.87 g/t gold equivalent ("AuEq") (2.99 g/t gold, 79 g/t silver) (diluted) with a strip ratio of 7.5:1

Years 1 - 5 average annual production of 431,000 AuEq ounces, places Eskay Creek as a tier one operation

Life of mine ("LOM") production of 3.2 million AuEq ounces from 2.4 million ounces of gold and 66.7 million ounces of silver

Estimated pre-production capital expenditures ("CAPEX") of C$592 million, yielding a compelling after-tax NPV:CAPEX ratio of 2.4:1

LOM all-in sustaining cost ("AISC") of US$652/oz AuEq recovered in concentrate

Proven and Probable open-pit mineral Reserves of 29.9 million tonnes containing 2.87 million ounces gold and 75.5 million ounces silver (combined 3.85 million AuEq oz)

A carbon intensity of 0.20 t CO2e/oz AuEq produced, positioning Eskay Creek to be one of the lowest carbon intensity mines worldwide

Vancouver, British Columbia--(September 8, 2022) - York Harbour Metals Inc. (TSXV: YORK) (OTC Pink: YORKF) (FSE: 5DE0) (the "Company" or "York") is pleased to report preliminary assay results from the York Harbour Copper-Zinc Project (the "Project") Phase 3 drilling program that targeted mineralization in the Main Mine area. Diamond drill hole YH22-61 intersected 2.86% Copper, 6.95% Zinc, 20.2 gpt Silver and 436.5 g/t Cobalt over a drilled length of 14.77 metres at the Company's York Harbour Copper-Zinc Project in Newfoundland. Additional drill core assay results are pending.

 

The results from this portion of the Phase 3 diamond drilling show that the historical drilling in the 'D' Zone either did not intersect this significant volcanogenic massive sulphide mineralization or for some reason this high-grade Copper-Zinc mineralization was not reported in the historical drill logs. This discovery significantly expands the D Zone mineralization and indicates that similar mineralization may extend along strike and downdip.

VANCOUVER, BC / September 6, 2022 / Torq Resources Inc. (TSX-V:TORQ, OTCQX:TRBMF) ("Torq" or the "Company") is pleased to announce a C$15 million non-brokered private placement with a wholly owned affiliate of NYSE listed international gold mining company, ("Gold Fields"), at a purchase price of C$1.00 per share. The funds will be used to advance Torq's portfolio of projects in Chile, primarily its Santa Cecilia gold-copper project, where the Company has recently signed a 7-year social access agreement, which covers the length of the underlying option agreement and most importantly will allow for drilling and other exploration activities to commence. The Company will issue an aggregate of 15,000,000 Torq common shares at $1.00, which represents a 23% premium to the 20-day average trading price of Torq's common shares on the TSX Venture Exchange, ending September 2, 2022. Upon closing of the private placement, Gold Fields will own approximately 15.05% of Torq's issued and outstanding shares (undiluted).

 

A Message from Shawn Wallace, CEO & Chair:

 

"We are very pleased to have attracted Gold Fields as a strategic investor in Torq. An investment of this size at this early stage of exploration represents tremendous confidence in our projects, our approach and our team. This capital will primarily finance the highly anticipated maiden drill program at our flagship Santa Cecilia gold-copper project, as well as additional drilling at Margarita, where we have been working to expand upon our exciting new discovery."